Do they know something?
Have Longs lost their minds?
Straight to 200k
they are hedging spot selling, nothing to see here.
what does that mean?
>price dumps
>longs increase
>hurr durr are they insiders
Bullshit this is unprecedented.
>They know something we don't
>It dumps hard
Everytime
that long capitulation will be an absolute assraping
>think price will go down
>sell or open short
>but maybe I wrong, maybe price go up, very risky, lose money
>open long, now if I wrong, less painful, less risky
Buckle up its happening
you can just sell less of your position instead of this wonky bullshit.
If you think it'll go up just sell 10%or 20% and keep the rest in btc.
Why long and short at the same time? overly complicated to accomplish the same thing
9 red weeks in a row
Holy shit how retarded are you? IS IN THE FUCKING NAME "HEDGING" FOR FUCK SAKES HOW RETARDED ARE YOU?! CRYPTO IS FULL OF 2 DIGIT IQ RETARDS!
Yeah it's called 9 red weeks in a row dumbshit
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some assembly required
BECAUSE EVERY ACTION IS A TAXABLE EVEN! FOR FUCK SAKES! DO YOU EVEN KNOW HOW TO MINIMIZE YOUR TAXES?! ARGHHHH FUCKING DOUBLE DIGIT IQ RETARDS!
they wanna feel like pro traders
Margin traders are low IQ, they spend all their money paying borrowing fees for no good reason. They pay high price to increase their risk without improving their returns.
You can't reason with them, you have to look at them with contempt and pity.
>DO YOU EVEN KNOW HOW TO MINIMIZE YOUR TAXES
yeah by moving to a place with no crypto taxes LMAO get fucked burgers
Most countries don't tax crypto to crypto trades.
I am a margin trader....
>haha if I long by 3x and short by 3x then I will HEDGE and gain nothing or lose nothing I will pay interest fees haha
Just cash out into tether if you wanna "hedge"
Yes good little bulls, keep pumping those longs. Nothing could go wrong.
>I am a margin trader....
Then you're a retard
>>haha if I long by 3x and short by 3x then I will HEDGE and gain nothing or lose nothing I will pay interest fees haha
Holy shit you are retarded. That isn't how hedging works, HOLY SHIT YOU ARE RETARDED.
That's exactly how it works. Another variation is longing 2x and shorting 3x. Then you make a tiny bit of money if BTC goes down and make tiny losses if BTC goes up.
Why not just hold a tiny short position instead of this bullshit?
Hedging just means reducing risk, there's not one single way to do it.